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Fly News Breaks for June 6, 2018
GWRE
Jun 6, 2018 | 07:37 EDT
KeyBanc analyst Monika Garg raised her price target for Guidewire to $100 from $91 after the company reported a Q3 beat and raised FY18 guidance to account for the better results. The analyst notes that the company also provided preliminary FY19 guidance, which indicates continued momentum in its transition to the cloud. Garg reiterates an Overweight rating on the shares.
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